PCCW Ltd. (OTCMKTS:PCCWY) Stock Short Interest Falls 94.8%

PCCW Ltd. (OTCMKTS:PCCWY – Get Free Report) was the target of a large drop in short interest in October. As of October 30th, there was short interest totaling 27 shares, a drop of 94.8% from the October 15th total of 519 shares. Based on an average trading volume of 992 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are short sold.

PCCW Stock Up 2.4%

PCCWY stock traded up $0.16 during trading on Tuesday, hitting $6.77. 352 shares of the company’s stock were exchanged, compared to its average volume of 944. The business has a 50-day moving average price of $6.53 and a two-hundred day moving average price of $7.13. PCCW has a 52-week low of $6.01 and a 52-week high of $8.31. The company has a debt-to-equity ratio of 17.27, a current ratio of 0.57 and a quick ratio of 0.35.

About PCCW

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PCCW Limited is a Hong Kong-based telecommunications, media and technology company. Its businesses include telecommunications services through HKT, such as fixed-line, mobile, broadband and pay-TV services, as well as enterprise connectivity and technology solutions offered through PCCW Global and its other technology operations. The company also produces and distributes television and digital entertainment. Its media businesses include Now TV in Hong Kong and Viu, a streaming service available in multiple international markets, with programming that includes Asian dramas and other entertainment content.

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